Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long 0.06 41.22 0.46
Bottoms Long 0 34.69 0.08
Tops Intermediate 0 37.42 0.05
Bottoms Intermediate -0.12 33.45 0.86
Tops Short -0.18 33.90 0.93
Bottoms Short -0.18 33.12 0.92
alerts
Short Term Downward Sloping Trading Channel